Neville Fernandes has joined Alder as President & Chief Operating Officer. He brings more than three decades of experience across renewable fuels, petroleum and chemical industries and is widely regarded for scaling innovative clean‑fuel businesses, developing new markets, and building relationships with investors, customers, suppliers, policymakers and stakeholders across the value chain.
We are excited to announce that Neville Fernandes has joined Alder as President & Chief Operating Officer (COO). Fernandes brings more than three decades of experience across renewable fuels, petroleum and chemical industries and is widely regarded for scaling innovative clean‑fuel businesses, developing new markets, and building long-term relationships with investors, customers, suppliers, policymakers and other stakeholders across the value chain.
In his new role at Alder Renewables, Fernandes will support operations, business development and strategy execution as the company transitions from pilot‑scale technology to first commercial projects.
Before most recently serving as a General Manager and Vice President at Chevron Renewable Energy Group (REG), Fernandes spent more than 15 years with Neste. As Business Development Manager and later General Manager and President of Neste U.S., he led business development and sales teams and successfully commercialized renewable diesel in the United States and Canada. He also headed up Neste’s sustainable aviation fuel development and managed early sales of SAF in the U.S.
Fernandes has long been a strong supporter of the renewable fuels industry, he previously served on the governing board of the Clean Fuels Alliance America (CFAA) and is a co-founder of the Advanced Biofuels Association. He holds a Bachelor of Science in Chemical Engineering from Princeton University and an MBA from the Schulich School of Business. He is also a licensed professional engineer with Professional Engineers Ontario.
Building momentum with technology validation, strategic partnerships, and new projects
Neville Fernandes has joined Alder as President & Chief Operating Officer. He brings more than three decades of experience across renewable fuels, petroleum and chemical industries and is widely regarded for scaling innovative clean‑fuel businesses, developing new markets, and building relationships with investors, customers, suppliers, policymakers and stakeholders across the value chain.
Together with Boeing and Bioénergie AE Côte-Nord, we are launching Project Avance to produce SAF from sawmill residues in Port-Cartier, Québec. Boeing is investing CAD $10 million in the project as part of its Industrial and Technological Benefits commitment to Canada. The project will use Alder’s technology to produce Alder Renewable Crude (ARC) for hydrotreating into SAF and other hydrocarbon fuels.
With NREL and industry partners, Alder has demonstrated that Alder Renewable Crude (ARC) can be co-processed in a pilot Fluid Catalytic Cracking (FCC) unit to produce gasoline, jet, diesel, and marine fuels in high yield and high quality. The next steps under evaluation is commercial-scale FCC trials with industry partners, paving the way for rapid deployment of low-carbon fuels using existing refinery infrastructure.
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